BlackRock MuniYield Michigan Quality Fund II, Inc. About To Put More Money In Your Pocket (MYM)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock MuniYield Michigan Quality Fund II, Inc. (MYM) MYM will trade ex-dividend, for its monthly dividend of $0.069, payable on 5/1/13. As a percentage of MYM's recent stock price of $14.07, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for MYM, showing historical dividends prior to the most recent $0.069 declared by BlackRock MuniYield Michigan Quality Fund II, Inc.:

MYM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MYM is likely to continue, and whether the current estimated yield of 5.88% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock MuniYield Michigan Quality Fund II, Inc. shares are currently up about 0.2% on the day.

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